How Gold is Currently Being Priced
By Richard (Rick) Mills.
As a general rule, the most successful man in life is the man who has the best information
Gold’s Price
Ahead of the Herd readers know I believe gold’s price is being driven by rising, or falling, real [...]
Stocks on the Slide
By Dock David Treece.
Over the last few weeks – since just before the end of 2013 – the US stock market has been slipping steadily, though not so gradually, away from its all-time highs. In fact, the Dow Jones Industrial is [...]
28 Signs That The Middle Class Is Heading Toward Extinction
By Michael Snyder.
The death of the middle class in America has become so painfully obvious that now even the New York Times is doing stories about it. Millions of middle class jobs have disappeared, incomes are steadily decreasing, [...]
The U.S. is Going Bankrupt One City at a Time
By Alan Caruba.
Time to start watching U.S. cities go bankrupt. Prior to Detroit, there was Stockton, California, and, according to Stephen Moore, now the chief economist with the Heritage Foundation, there are more than sixty of [...]
Brazil, Korea: Two Tales of a Macroprudential Regulation
By Otaviano Canuto.
The pervasiveness and relevance of asset price booms and busts in modern economies has now been fully acknowledged. So has the case for combining prudential regulation and monetary policy in the complementary pursuit of [...]
Bernanke’s Monetary Mess
By Steve Hanke.
Most who have graded Prof. Ben Bernanke’s twelve years at the Federal Reserve have issued marks which range from A to a gentleman’s C. I think those marks are much too generous. Indeed, I think a failing mark would [...]
The Stock Market In Japan Is Collapsing
By Michael Snyder.
Did you see what just happened in Japan? The stock market of the 3rd largest economy on the planet is imploding. On Tuesday, the Nikkei fell by more than 610 points. If that sounds like a [...]
Minimum Wage Laws Kill Jobs
By Steve Hanke.
President Obama set the chattering classes abuzz after his unilateral announcement to raise the minimum wage for newly hired Federal contract workers. During his State of the Union address, he sang the praises for his action, [...]
For Europe’s Youth, Minimum Wages Mean Minimal Employment
By STEVE H. HANKE.
Yesterday, in the wake of Tuesday’s State of the Union address, I poured cold water on President Obama’s claim that a hike in the minimum wage for federal contract workers would benefit the United States’ [...]
Volatility in oil prices’ stymie global economic growth
By University of Oxford.
The volatility of oil prices is a ‘fundamental barrier to stability and economic growth’, according to a new study by the University of Oxford published in Frontiers in Energy.
It recommends [...]
How Long Can Gold Prices Be Held Down – Supply factors
By Julian Phillips.
Supply changes coming?
On the supply side, we note that newly mined gold supply in 2013 was around 2,800 tonnes [final figures yet to be published] and scrap gold was around 1,400 tonnes, before U.S. [...]
Selling out seniors
By Dock David Treece.
During the tough economic times of the past six years, steps have been taken to stabilize the US financial system. Some may disagree with what, but virtually no one denies that something had to be done. During that [...]
Climate Change, Polar Vortex’s and Nuclear Energy
By Richard Mills.
As a general rule, the most successful man in life is the man who has the best information
What does nuclear energy have to do with a polar vortex, record cold/snow and climate change? Read on to find out…
From [...]
The “Internet of Things” for Consumers — Almost Here, or Still Too Soon?
By Monty Guild.
The Consumer Electronics Show (CES) in Las Vegas is an annual Mecca for trend-seekers in tech. This year, one of the central themes of the show is one that we have touched on before in this letter — the “internet [...]
Late to the Bull Run, Gold Analysts Finally Turn Bearish on LBMA Forecast
By Adrian Ash.
BullionVault
After worst fall since 1982, consensus sees 14% drop in average 2014 gold price…
AFTER LAGGING gold all the way up during its 12-year bull run, bank and professional-analyst consensus now sees a 14% drop [...]
gold and silver market morning
By Julian Phillips.
Gold Today –New York was closed yesterday leaving London trading around $1,256 for most of the day. Asia overnight took gold down to $1,252. The dollar was virtually unchanged at $1.3551: €1. In London the gold [...]
Some Questions About Deflation
By Robert Blumen.
What is deflation?
According to dictionary.com, it is “a fall in the general price level or a contraction of credit and available money”.
Falling prices. That sounds good, especially if you have set some cash set [...]
Obama’s War on U.S. Energy
By Alan Caruba.
There is no reason for the U.S. to be in such a slow recovery from the financial crisis of 2008. If President Obama would get out of the way, our national debt could be dramatically reduced and hundreds of thousands [...]
Stan Fischer, the Fed, and Sub-par US Growth
By Jeff Frankel.
Now that Janet Yellen is to be Chair of the US Federal Reserve Board, attention has turned to the candidate to succeed her as Vice Chair. Stanley Fischer would be the perfect choice. He has an ideal [...]
Unrisky Business: Asset Management Cannot Create Systemic Risk
By Peter J. Wallison.
To read report: Unrisky Business: Asset Management Cannot Create Systemic Risk